Preflop

Discover · Backer flow

Back the earliest bets on individual trajectories.

Browse open covenants from curated issuers: pre-seed founders, researchers, creators, and early-career professionals. Filter by stage, industry, and terms.

Auction open

Issuer Zero

Raghav Mundara

The first listing on Preflop. Sealed-bid Dutch auction, $500K target, $25 floor.

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40 covenants
CovenantARJNtrading
82/ 100

Arjun Patel

Developer tools for async AI agents. Left a $120K SWE offer to ship this full-time. Testnet live, 200 waitlist signups, 8 months of solo build.

Dropped $120K SWE offerTestnet shipped200 waitlist signupsSolo technical founder
Share5%Equity2%Term7yrRaise$75K
Funded$75K / $75K
CovenantSKIMtrading
88/ 100

Sarah Kim

AI-powered compliance for fintechs. $30K MRR across 12 paying customers. Stanford CS + MBA, ex-Stripe PM. Clear PMF signal.

$30K MRR12 paying customersEx-Stripe Risk teamStanford CS + MBA
Share4%Equity1.5%Term8yrRaise$200K
Funded$200K / $200K
CovenantVKRM
79/ 100

Vikram Desai

Cross-border payments infrastructure for South Asian remittances. $120K/mo test volume on Base. IIT Delhi → Berkeley IEOR.

$120K/mo test volume4 liquidity partnersIIT Delhi alumniBase Sepolia integration
Share6%Equity2.5%Term10yrRaise$150K
32% funded$48K / $150K
CovenantMYTRtrading
85/ 100

Maya Torres

Autonomous warehouse robotics. 2 pilot customers, $8K MRR. CMU SCS PhD dropout, left after 2 years to ship hardware.

2 pilot customers$8K MRRCMU PhD dropoutOriginal manipulation-planning research
Share3%Equity2%Term10yrRaise$300K
Funded$300K / $300K
CovenantJLIUtrading
91/ 100

James Liu

Vertical SaaS for construction project management. Repeat founder — sold last company for $2.3M acqui-hire in 2023. 3 enterprise LOIs.

Repeat founder$2.3M prior exit3 enterprise LOIsFully subscribed
Share5%Equity3%Term8yrRaise$250K
Funded$250K / $250K
CovenantANVK
76/ 100

Alex Novak

Open-source observability tool. 4,200 GitHub stars, 15K monthly active users. UCSD CS, 22 years old, solo founder.

4,200 GitHub stars15K MAU22-year-old solo founderOpen-source adoption
Share7%Equity2%Term7yrRaise$50K
36% funded$18K / $50K
CovenantPRYCtrading
93/ 100

Priya Chandra

AI inference infrastructure that cuts serving costs 6x for frontier-model startups. $800K ARR, Series A term sheet in hand.

$800K ARREx-Meta PyTorch coreSeries A term sheet7 production customers
Share3%Equity2%Term8yrRaise$400K
Funded$400K / $400K
CovenantDOKOtrading
84/ 100

Daniel Okonkwo

Precision-fermentation protein for animal feed at 40% below soy spot price. Harvard biochem PhD. $180K ARR from three industrial partners.

$180K ARRNature Biotech x2USDA pathway engagedEx-Church lab
Share4%Equity2.5%Term12yrRaise$350K
Funded$350K / $350K
CovenantELPT
82/ 100

Elena Petrova

Direct air capture cost reductions through novel sorbent chemistry. MIT ChemE PhD. Two pilot installations running in the Pacific Northwest.

2 pilot installationsDOE Carbon Removal FellowOfftake in negotiationMIT ChemE PhD
Share3%Equity2%Term15yrRaise$400K
47% funded$186K / $400K
CovenantMBRNtrading
89/ 100

Marcus Brennan

CLI tooling that replaces half a team's platform engineering work. $150K MRR. Self-taught, no degree, 500 paying engineers.

$150K MRR500 paying usersBottoms-up adoptionSolo operator
Share4%Equity2%Term7yrRaise$250K
Funded$250K / $250K
CovenantAYFJ
80/ 100

Aya Fujimoto

Personalized nutrition coaching informed by continuous glucose + wearable data. 300-person paid beta running; UCSF clinical research background.

300 paid beta users68% 3-month retention2 clinic partnershipsEx-UCSF metabolic research
Share5%Equity2%Term8yrRaise$125K
33% funded$41K / $125K
CovenantTWAStrading
86/ 100

Tyrell Washington

1:1 tutoring platform for underserved middle-schoolers. $40K MRR across 200 families with a sliding-scale pricing model.

$40K MRR200 families3 district partnerships600-person waitlist
Share5%Equity2.5%Term8yrRaise$175K
Funded$175K / $175K
CovenantKLNG
83/ 100

Kai Leung

Treasury management + automated payables for pre-seed startups. HKUST, three years at Goldman. Eight design partners signed, launching Q3.

8 design partners$180K committed LOI ARREx-Goldman TMDQ3 GA target
Share4%Equity2%Term8yrRaise$200K
36% funded$72K / $200K
CovenantSHTL
74/ 100

Sam Hartley

AI-assisted podcast production — cuts post-production from 20 hours to 2. First paying studio signed; building toward agency channel.

First paying studio5 active trials7x production-cost reductionEx-Gimlet / Spotify
Share6%Equity2%Term7yrRaise$100K
28% funded$28K / $100K
CovenantISNK
81/ 100

Isla Nakamura

Voice agents for legal intake and client screening. Columbia Law dropout. Two midsize firms running 30-day pilots.

2 firm pilots~400 calls/week handledColumbia Law dropoutLegal-domain moat
Share5%Equity2%Term8yrRaise$175K
31% funded$55K / $175K
CovenantOADE
78/ 100

Olumide Adebayo

DeFi infrastructure for West African remittance corridors. University of Lagos CS. $85K/mo test volume on Base.

$85K/mo test volume3 MMO partnershipsBerkeley XceleratorDual-corridor regulatory engagement
Share5%Equity2.5%Term10yrRaise$150K
30% funded$45K / $150K
CovenantLMARtrading
77/ 100

Lucia Marchetti

DTC specialty coffee with carbon-negative sourcing and direct grower relationships. Bocconi MBA, ex-Nespresso. $50K MRR and climbing.

$50K MRR70% subscriptionCarbon-negative certifiedEx-Nespresso product
Share5%Equity2%Term8yrRaise$200K
Funded$200K / $200K
CovenantRMHT
87/ 100

Raj Mehta

Quantum error correction software for neutral-atom hardware. Caltech PhD. DOE collaboration and two hardware-vendor design partnerships.

DOE Quantum Collaboration2 hardware design partnersCaltech surface-codes PhDDeclined Google Quantum AI
Share2%Equity1.5%Term15yrRaise$500K
28% funded$140K / $500K
CovenantZKPK
71/ 100

Zoe Kim-Park

Text-based mental health support for teens, clinician-overseen. Brown undergrad, clinical psych research with published pilot data.

Published pilot data60-user clinician pilotBrown cognitive science15 pre-launch families
Share6%Equity2%Term7yrRaise$60K
25% funded$15K / $60K
CovenantHARDtrading
90/ 100

Hassan Al-Rashid

Computer-vision QA for manufacturing lines. AUB Beirut, ex-Facebook CV. $60K MRR across four factories.

$60K MRR4 factories deployed0.2% false-negative rateEx-Facebook CV
Share3.5%Equity2%Term8yrRaise$300K
Funded$300K / $300K
CovenantCWLB
83/ 100

Clara Willoughby

CRISPR-based diagnostics for rare inherited diseases. Oxford DPhil. One paying clinical partner, two more in evaluation.

Boston Children's contract2 AMCs in evaluationOxford DPhilBroad postdoc
Share3%Equity2.5%Term12yrRaise$350K
36% funded$125K / $350K
CovenantDMNDtrading
85/ 100

Diego Mendoza

Spanish-language tech bootcamp. 3 cohorts graduated, 1,200 students, $180K trailing revenue. UDLAP Puebla, self-funded to date.

1,200 students71% placement rate$180K revenue4 apprenticeship partners
Share5%Equity2.5%Term7yrRaise$175K
Funded$175K / $175K
CovenantNDRH
76/ 100

Nadia Rahman

Modular furniture for small apartments, flat-pack and tool-free. RISD + IKEA. Two sold-out pre-order runs, third in production.

2 sold-out pre-orders480 units shipped42% gross marginEx-IKEA Innovation Lab
Share5%Equity2%Term8yrRaise$200K
39% funded$78K / $200K
CovenantTNKHtrading
82/ 100

Tanaka Hiroshi

No-code data pipeline builder designed for Japanese enterprise IT. $25K MRR across four enterprise pilots.

$25K MRR4 enterprise pilotsNikkei 225 expansionJapanese-first advantage
Share4%Equity2%Term8yrRaise$225K
Funded$225K / $225K
CovenantFODY
84/ 100

Fiona Oduya

Satellite-based verification for land-carbon credit issuance. Kenyan remote-sensing background + Stanford GSB. 3 institutional LOIs.

3 institutional LOIs$420K committed ARRStanford GSBAfrican remote-sensing expertise
Share4%Equity2%Term10yrRaise$275K
35% funded$95K / $275K
CovenantLKHK
73/ 100

Luke Hendrickson

Contract negotiation AI for small and mid-sized businesses — MSAs, vendor agreements, NDAs. Notre Dame JD dropout, ex-Palantir. 15 beta customers.

15 beta customers4 converting Q2Notre Dame JD dropoutEx-Palantir Foundry
Share5%Equity2%Term7yrRaise$125K
30% funded$38K / $125K
Direct ListingMYOFDIR
78/ 100

Maya Okafor

Independent writer covering labor economics and platform work. 180K paid Substack subscribers; NYT contributing writer. Published one nonfiction book (2023) and

e%2.5%Price$34.00TrendupAge34
Writer · labor-economics newsletter· Brooklyn, NY21.4% vs ref
Direct ListingCHENDIR
71/ 100

Jordan Chen

Founder of AgeTrack, a bootstrapped HR-analytics platform at $3.2M ARR and 40%+ margins. Hit $1M ARR in 18 months; plateaued at $3M for 18 months and now pushin

e%1.5%Price$58.00TrendsidewaysAge42
Bootstrapped SaaS founder · AgeTrack (HR analytics)· Austin, TX-6.5% vs ref
Direct ListingAMRSDIR
87/ 100

Amara Singh

Senior research member at a frontier AI lab working on alignment and interpretability. NeurIPS best paper (2023). Promoted to research lead in 2025; equity gran

e%3%Price$71.00Trendstrong-upAge29
AI safety researcher · frontier lab· Cambridge, MA57.8% vs ref
Direct ListingDVRYDIR
58/ 100

Devon Reyes

Travel YouTuber with 780K subscribers. Peaked at 120M monthly views in 2022; post-algorithm change the channel has slowly contracted. Launched a podcast in mid-

e%2%Price$29.00TrenddownAge38
Travel YouTuber · pivoting to audio· Los Angeles, CA-31.0% vs ref
Direct ListingSOPHDIR
72/ 100

Sophia Voronov

Equity partner in the litigation group of a top-50 US law firm. Led a $400M jury verdict in 2023 and declined a federal judgeship in 2025. Steady seven-figure a

e%1%Price$92.00TrendsidewaysAge47
Biglaw litigation partner · top-50 firm· Washington, DC4.5% vs ref
Direct ListingMARTDIR
74/ 100

Marcus Thompson

Second-year NFL cornerback on a four-year rookie contract. First interception returned for a touchdown in week 9 of 2025; Pro Bowl alternate selection. Franchis

e%3.5%Price$31.00TrendupAge23
NFL cornerback · year 2 of rookie deal· Chicago, IL40.9% vs ref
Direct ListingELIPDIR
69/ 100

Eliana Park

Romance novelist with 18 published books and a 13-year career spanning self-publishing and traditional deals. Hit #3 on the NYT bestseller list in 2024; Netflix

e%2%Price$38.00TrendsidewaysAge41
Romance novelist · 13-year career, 18 books· Portland, OR8.6% vs ref
Direct ListingKWADDIR
66/ 100

Kwame Ade

Founder of Type Labs, a 12-person brand and typography studio. Landed an Apple contract in 2022 and a Meta rebrand in 2024; revenue swings with named-client tim

e%2.5%Price$47.00TrendvolatileAge35
Design-studio founder · Type Labs (12 employees)· Oakland, CA-13.0% vs ref
Direct ListingLWEIDIR
54/ 100

Lin Wei

Solo crypto options trader and content creator on trading Twitter. 2022 bull-market peak followed by an FTX-related loss, a 2024 BTC-ATH winning trade, and a Q4

e%3%Price$49.00TrendvolatileAge31
Crypto options trader · educator· Miami, FL-25.8% vs ref
Direct ListingIMJODIR
81/ 100

Dr. Imani Ojo

Tenured economics professor at an R1 university and public intellectual. NYT-bestseller 'Borrowed Futures' (2020), TED main-stage talk (2022), named to a Federa

e%1.5%Price$58.00TrendupAge53
Tenured Economics professor · public intellectual· Durham, NC11.5% vs ref
Direct ListingCOHADIR
51/ 100

Cole Hayashi

Independent folk musician with three studio albums and a mid-tier touring footprint. Career trajectory interrupted by COVID (2020 tour cancelled, −$260K) and fu

e%2.5%Price$22.00TrenddownAge36
Indie folk musician · 3 studio albums· Nashville, TN-29.0% vs ref
Direct ListingRADUDIR
67/ 100

Raphaël Dubois

Former Chief Product Officer of a major SaaS company that went public. Independent advisor and board director at four companies. Declined a CEO role in 2025; wr

e%1%Price$88.00Trendage-limitedAge58
Board director · 4 seats · former CPO (public SaaS)· Zurich, Switzerland-7.4% vs ref
Direct ListingPREYDIR
83/ 100

Priyanka Reddy

Senior ML engineer at a top quantitative hedge fund. Joined as senior engineer in 2021; promoted in 2023; team-lead on trading-infrastructure pod since 2025. Co

e%2%Price$156.00Trendstrong-upAge33
ML engineer · quant fund · team lead (trading-infra)· Jersey City, NJ9.9% vs ref
Direct ListingTGCADIR
76/ 100

Tomás García

Recently exited founder. Sold Yard Inc. (B2B vertical SaaS) for $22M in 2024. Now year 1 into a new stealth venture; angel-checked into 8 companies; sits on two

e%2.5%Price$132.00TrendvolatileAge39
Post-exit founder · stealth venture· Mexico City · Austin-15.4% vs ref